10 things to know about Pasir Ris 8 condo in Pasir Ris Central
Pasir Ris is a HDB housing estate, which was built in the 90s. Now, this site is going to receive a facelift because it is almost 30 years of age. The concept is to rejuvenate the Pasir Ris town area and HDB had made the announcement for the tender on 27th August 2018. The tender required the developer to build a mixed-use site along with a bus interchange, a town plaza, and a polyclinic. Tender’s conditions created a muted response for this project, but still, it was succeeded in attracting three bidders. The Allgreen Properties and Kerry Properties tie-up placed the winning concept proposal along with the highest bid of S$700m and they got this project to build Pasir Ris 8 condominium.
What makes this Pasir Ris 8 development so attractive?
The proposed site is a massive 3.8-hectare land parcel, which is almost equal to 6.5 football fields in size. This site is located next to MRT and it is a white site. The project was launched for a mixed plaza and there might be 600 private condo units.
It is not the first time any big development project taking place in the Pasir Ris region of Singapore. About 5,595 new condos are built in this region since 2016 and new projects are introduced every second year. The private housing market is booming in this region and rejuvenating the whole region. The following features make Pasir Ris Central Condo an attractive site for investment.
Proximity to Singapore’s Changi Airport:
The Pasir Ris 8 is located near Changi Airport. It is the closest housing estate to the airport and the residents can reach the airport within 5-10 minutes by driving their car. It might hardly take 20 minutes by bus to reach the airport. That’s why people working in the airport, logistics, and freight industry will find Pasir Ris 8 Condo the best place to reside in Singapore.
Cross Island Line:
A 40-minute drive will be the longest to reach the main city areas via the East-West MRT line. The driving time will significantly reduce after the upcoming Cross Island Line’s construction. This is an upcoming express service, which is going to connect the Pasir Ris region to the rest of Singapore. Commuting from Pasir Ris is going to be much easier. The reports reveal that the Cross Island Line will be in service from 2030 and it will link-up Pasir Ris to Ang Mo Ko, Hougang, Bukit Timah, West Coast, Clementi, and Jurong.
Ryse Residences now called Pasir Ris 8 Condo residents will enjoy seafront views and living. Pasir Ris is a seaside resort town, where anyone would like to live a relaxing life. This new development is located near the 3km wide Serangoon Harbour of Singapore. All the condo owners will get expensive views of the sea right from their windows.
This futurist project will draw the attention of thousands of investors, who are willing to buy a Seafacing condo in Singapore. The Pasir Ris region will get a perfect residential complex to house almost 600 families and much wider commercial space for businesses.